From Yahoo Finance: 2025-06-09 09:30:00

Gold futures opened at $3,333.40 per ounce, up 0.3% from Friday. S&P 500 closed above 6,000 on Friday. Investors reacted positively to better-than-expected jobs data and upcoming US-China trade talks. Gold often rises in uncertain markets and weakens when stocks are bullish.

Gold futures opened 0.3% higher than Friday’s close at $3,322.70 per ounce. Over the past week, gold has gained 1%, compared to $3,296.90 on June 2. In the past month, gold has risen 1% from $3,299.00 on May 9. Yearly, gold is up 40% from $2,379.90 on June 7, 2024.

Investing in gold involves setting goals, allocations, choosing a form, and considering your investment timeline. Gold offers diversification, inflation protection, and a backup source of wealth. It serves as a stabilizer in portfolios during market turbulence.

Gold is seen as a store of value and potential medium of exchange if the dollar collapses. Experts recommend buying gold as a hedge against calamity and view it as an insurance policy. Learn more about investing in gold in four steps to protect and diversify your portfolio.

Gold has historically shown extended up and down cycles, impacting investment returns. Analysts are bullish on gold, with Goldman Sachs Research predicting a $3,700 price by year-end, a 40% increase. Rising demand from central banks and US tariff policy changes are driving factors.

Yahoo Finance has been tracking the historical price of gold since 2000. The price-of-gold chart shows a steady upward climb in gold’s value. Gold has had growth and decline phases, with analysts forecasting a significant increase by year-end due to rising demand and economic uncertainty.

Read more: Gold opens slightly higher ahead of U.S.-China trade talks